Harms Oil Company 401(K) Plan — Form 5500 plan (Harms Oil Company)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Harms Oil Company 401(K) Plan is a benefit plan reported by Harms Oil Company under EIN 46-0342132 and plan number 003. The latest loaded filing year is 2023. The filing reports 457 participants and $41,088,176 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Harms Oil Company
- EIN
- 46-0342132
- Plan number
- 003
- Plan type
- 2
- Location
- Brookings, SD
- Latest filing year
- 2023
- Participants
- 457
- End-of-year plan assets
- $41,088,176
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 457 | H, C | 20241014143437NAL0015113923001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $41,088,176
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,088,176
- Net assets (BOY)
- $35,527,596
Income & contributions
- Employer contributions
- $2,075,691
- Participant contributions
- $1,999,648
- Total contributions
- $4,125,452
- Total income / additions
- $10,023,868
Expenses & distributions
- Benefits paid
- $4,303,080
- Administrative expenses
- $146,178
- Total expenses
- $4,463,288
- Net increase / (decrease)
- $5,560,580
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $146,178 | $0 | 2023 |
| Abbey Street | INVESTMENT ADVISORY | $0 | $70,998 | 2023 |